“e-wallet Scheme” launched by IRCTC

The Indian Railways Catering and Tourism Corporation (IRCTC) launched e-Wallet Scheme to make payment process fast and to reduce transaction failures due to bank payment related problems. (IRCTC is a public sector undertaking of the Ministry of Railways). At present, one has to make the payment for the fare of the ticket, while booking e-ticket, through Credit card, Debit card or Net banking.

“e-Wallet Scheme“

• A rolling deposit scheme wherein the customers will have an account with the IRCTC and deposit money to be used in future for booking e-tickets from its website (www.irctc.co.in).
• Names of all passengers booked on a fully wait-listed e-ticket are dropped at the time of preparation of reservation charts and fare is refunded automatically.
• In case of ticket cancellation, the due refund will be credited to the e-Wallet account next day.
• Available for PAN verified users only.

There is no difference between e-tickets booked through e-wallet scheme or those booked through other payment options available on the website.

Click here for e-Wallet User Guide: eWALLET User Guide

Month: Current Affairs - February, 2014